Paul Gillin
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Kong acquires OpenMeter to power API and AI monetization
Kong Inc., a leading developer of cloud API and AI technologies, today said it has acquired OpenMeter, the developer of an open-source platform for usage-based metering and billing. Terms weren’t disclosed. The acquisition of OpenMeter, the business name of Tailfin Cloud Inc., will add native monetization capabilities to Kong Konnect, Kong’s unified API platform, enabling organizations ...
Walmart embraces agentic AI with major machine learning platform upgrade and developer ‘super agent’
Walmart Inc. is giving its Element machine learning platform a major agentic upgrade and adding a “super agent” for software development to its growing portfolio of semi-autonomous software robots. The retail giant is using its Converge 2025 technology event today to reinforce the message that it is all in on agents, the artificial intelligence worker ...
Nvidia beats forecasts, but weaker data center sales drag down stock
In what has become the most highly anticipated report of the tech earnings season, Nvidia Corp. couldn’t quite make investors happy. The maker of graphics processing units that power the latest artificial intelligence boom posted revenue of $46.7 billion for the 2026 fiscal second quarter, up 56% year-over-year and ahead of the consensus analyst estimate ...
Bench IQ raises $5.3M for AI-based judicial intelligence platform
Toronto-based legal tech startup Bench IQ Inc. today said it has raised $5.3 million in seed funding to develop and sell its technology that helps lawyers understand how judges think. The two-year-old company’s core product is a generative artificial intelligence-based judicial intelligence platform already used by four of the top five firms in the American Lawyer ...
Hyland introduces Context Engine and Agent Mesh to simplify enterprise AI
Enterprise content management firm Hyland Software Inc. today launched two new components of its Content Innovation Cloud, which the company says present a unified, continuously updated view of an organization’s content, processes, people and applications to fuel a network of task-specific artificial intelligence agents. The Enterprise Context Engine pulls from systems such as enterprise resource ...
R Systems acquires Novigo to deepen agentic AI and low-code engineering capabilities
Digital product-engineering firm R Systems International Ltd. said Thursday it has entered into a definitive agreement to acquire Novigo Solutions Pvt. Ltd., a maker of low-code/no-code development and intelligent automation services, for $240 million in cash with additional stock consideration tied to future milestones. R Systems, which has principal offices in Greater Noida, India and El ...
Mozilla.ai charts a new course with a turn toward profitability
Mozilla.ai, the open-source AI lab established in 2023 with $30 million in funding from the Mozilla Foundation and a mission to promote trust and transparency in artificial intelligence, is entering a new phase marked by balancing a commitment to openness with the need to make a profit. Chief Executive John Dickerson arrived six months ago ...
Magic Research says its private AI platform cuts inference costs by 90%
Magic Research LLC, a holding company for commercial artificial intelligence research and software development, has launched an artificial intelligence platform for on-premises use that it claims can cut costs by up to 90% from comparable cloud-based services. Called Private AI, the platform is intended to give organizations complete control over their data, infrastructure and brand ...
Databricks’ valuation hits $100B with latest funding round
Data analytics and artificial intelligence startup Databricks Inc. said it has reached terms to raise an unspecified amount of venture capital in a Series K round that values the company at more than $100 billion. The prospective funding comes just seven months after the company closed a $10 billion Series J round and $5.25 billion ...
Confluent Cloud brings real-time data to AI agents
Confluent Inc., maker of a platform for building and managing real-time data streaming pipelines using Apache Kafka, is offering a boost to organizations in financial services, healthcare, advertising and other time-dependent industries with today’s launch of Streaming Agents, a new capability in the company’s Confluent Cloud for Apache Flink. The feature is intended to help organizations ...